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Coforge Ltd - Following the announcement of a robust quarterly performance and dividend declaration, shares of IT solutions provider climbed more than 6 per cent, making it one of the Top Gainers from the BSE Information Technology index.
#Watch: NASDAQ and BSE IT indices were the worst performers in 2022. How much more can the NASDAQ and BSE IT fall this year? @gurukmurthy explains.
#BLGuru | NASDAQ and BSE IT indices were the worst performers in 2022. How much more can the NASDAQ and BSE IT fall this year? Where can they find a bottom? Watch @gurukmurthy explain.
On the sectoral front, most of the indices ended the week with flat to negative returns. BSE IT index declined by ~2% this week, ahead of the start of Q3FY23 results from the coming week.
On the BSE, too, barring FMCG, all sectoral indices incurred losses. BSE Teck and BSE IT were the top losers, down 1.86 and 1.77 percent.
BSE Financial Services was the top loser with a loss of one percent while BSE Bankex BSE Private Bank Index was down 0.8 percent each. The BSE IT index lost 0.6 percent today.
📍 On the other hand, Infosys stock has lost 18% 📍 However, The BSE IT index has fallen 22.15% or 8,383 points to 29,461 this year. (2/8
Retail investor upped stakes in Brightcom Group, KPIT Technologies, Subex, Birlasoft and Zensar Technologies and three other BSE IT index constituents jumped at least 5 percentage points in the first three quarters of Calendar 2022. @amit_mudgill
#Stocks of IT companies have been reeling under continuous pressure, with the #BSE IT index having slumped almost 23% since the beginning of the year.
All the gainers this week in the BSE IT index belonged to Smallcap segment suggesting that a rotation is in place within the segment, Anand James, Chief Market Strategist at Geojit Financial Services tells @kshanand
What caused the BSE IT Index to reverse this week?
Sector-wise, the BSE Information Technology index and BSE Teck index both gained 1.9 per cent during the week gone by. BSE Oil & Gas has also given a 1.8 per cent return.
On the BSE, BSE Realty was the top loser as it lost more than 3.5 percent today. BSE IT was down 3.4 percent while BSE Auto declined by 2.7 percent. BSE Industrials and Energy were the other major losers and tanked close to 2.5 percent.
The trend was same on the BSE as the BSE IT index shed more than 1.6 percent while BSE Teck was down 1.5 percent. BSE Realty index fell close to 1 percent while Pharma and Consumer Durable indexes were down 0.9 and 0.8 percent each.
Sectorwise, all BSE sectoral indices close in the green, while the leaders were BSE Information Technology and BSE Teck indices they both gained 3.48 per cent during the week gone by.
Correction #RajRatan Listed on NSE on 22nd May2020 Opened at a price of 39 Today 8th Sep2022 Stock is trading at 1400 in just 2 Years Stock is up by 35X WHAT A WEALTH CREATOR!!!! Note: This is price adjusted Data In BSE it is listed from 1995
Tech stocks stay in the red for 4th session, #BSE IT index hits a 3-week low [Automated tweet]
Shrinking margins amid rising fears of a global economic slowdown have battered the IT stocks to three-week lows with the #BSE IT index shedding 1.2% today. Read at 👇 https://t.co/zwsJUVXatZ #HCLTech #Infosys #Wipro #Markets
#EarningsWithMC: Shrinking margins amid rising fears of a global economic slowdown have battered the IT stocks to three-week lows with the #BSE IT index shedding 1.2% today. Read at 👇 https://t.co/zwsJUVXatZ #Stocks #Wipro #Infosys #Markets
Shares of IT companies continued to remain under pressure, with the S&P BSE IT index registering a fresh 52-week low in Friday’s trade. #StockMarket #MarketsWithBS #ITShares #ITsector #Wipro #Infosys #TCS